Broken Arrow City Council
Meeting of: 01-05-2021
Title:
title
Approval of and authorization to execute Resolution No. 1368, a Resolution authorizing acceptance of a General Warranty Deed for Parcel 2.0, which consists of 0.19 acres of permanent Right-of-Way for the Albany Street Improvements: 23rd - 37th, generally located at 19700 East 61st Street, Broken Arrow, Oklahoma, in the Northwest Quarter of Section 6, Township 18 North, Range 15 East, Wagoner County, State of Oklahoma, from John and Cynda Spoon Trust and authorization of payment in the amount of $5,100.00 for the Albany Street Improvements: 23rd to 37th, Parcel 2.0 (Project No. ST2035)
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Background:
The attached General Warranty Deed is being conveyed to the City of Broken Arrow, a municipal corporation, from John and Cynda Spoon Trust, the owner/s. Parcel 2.0 consists of 0.19 acres of permanent Right-of-Way generally located in the 19700 block of East 61st Street, Broken Arrow, Oklahoma in the Northwest Quarter of Section 6, Township 18 North, Range 15 East, Wagoner County, State of Oklahoma. John and Cynda Spoon Trust has accepted the following offer, made subject to City Council approval:
Permanent Right of Way: 0.19 ACRES (AC) @ $26,940.21 AC = $5,136.00
Total Just Compensation Amount (Rounded) = $5,100.00
A copy of the signed acceptance of the City's offer is attached, as is the General Warranty Deed. Payment of the compensation amount is on the January 5, 2021, City Council Claims List.
Cost: $5,100.00
Funding Source: 2018 GO Bond
Requested By: Ethan J.L. Edwards, P.E., Director of Engineering and Construction
Approved By: City Manager's Office
Attachments: Resolution No.1368
General Warranty Deed
Acceptance Letter
Conditions for Payment
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